South Korea recorded its lowest current account surplus in seven years during the first half of this year.
The Bank of Korea's figures released Tuesday show the surplus recorded 21-point-seven billion dollars from January to June.
This is largely due to a decrease in trade, with exports and imports falling by eight-point-five percent and five-point-one percent respectively.
A central bank official attributed the decline to the trade war between the U.S. and China and sluggish global trade.
Sliding semiconductor prices also took a toll on the country's balance of payments.
In June, South Korea posted its highest current account surplus in eight months.
However, both exports and imports of goods declined by 16-percent and 12-percent respectively.